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Index Trend Analysis Report
Prepared for you on Monday, May 23, 2022.
S&P 600 Transportation (Industry Group) (CME:SP600-2030)
Long-Term Downtrend (-90) - SP600-2030 is in a strong downtrend that is likely to continue. While SP600-2030 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SP600-2030?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP600-2030.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SP600-2030
The long-term trend has been DOWN since Jan 24th, 2022 at 1742.31
The intermediate-term trend has been DOWN since May 12th, 2022 at 1538.60
The short-term trend has been DOWN since May 19th, 2022 at 1530.48
Smart Scan Analysis for SP600-2030
Based on our trend formula, SP600-2030 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1539.59 | 1541.53 | 1491.32 | 1519.22 | -1.90 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1519.22 | 4357335 | 2022-05-20 17:03:16 |
| 52wk High | 1260.66 | 52wk High Date | 2018-08-21 |
| 52wk Low | 986.92 | 52wk Low Date | 2018-10-26 |